Guy Cormier, the President and CEO of Desjardins Group, met with Quebec lawmakers last week to push for improved digital ID procedures. His appearance comes a few weeks after Desjardins revealed that as many as 4.2 million of its customers — over 1 million more than initially thought — were affected by a data breach…
The digital world is an increasingly scary place, with each passing year delivering new data breach and hacking events in which consumers’ Personally Identifiable Information (PII) is spilled into the dark web and afflicted organizations suffer significant damages to their operations and their reputations. But digital security is evolving, too, and there are compelling solutions…
“… the survey data suggests that cyberattacks have increased dramatically compared to a base year of 2016: in the US, attacks shot up from 55 percent to 76 percent over that period.” New survey research from the Ponemon Institute is further illustrating the rise of digital security threats and conflicting attitudes about security among small…
“For its part, Slack has taken the opportunity to further promote the use of post-password security measures, asserting in its email, ‘We recommend using two-factor authentication with every service that provides it, including Slack, for an extra layer of security.’” Four years after a major hack attack, the business-focused instant messaging platform Slack is taking…
Samsung SDS has updated its cloud security service in a move that anticipates a future workplace that is more digital than analog. Citing research that suggests that the cloud will handle 83 percent of enterprise workloads by 2023, the company has adopted a three-pronged approach that uses AI to detect and prevent intrusion while monitoring…
In recent years, more and more financial institutions have turned to biometric technology to improve security and customer service, incorporating solutions that range from voice banking software to facial recognition scans at ATMs. However, a new report from OneSpan suggests that it will take a considerable push to make the full transition to biometric authentication…
“The increase in strong authentication adoption makes sense given that while data breaches, phishing threats and regulatory pressures have risen, the financial and user experience costs associated with implementing strong authentication have decreased.” – Al Pascual, SVP and Research Director, Javelin Strategy & Research Finally, some good news about the current state of digital security:…
“…66 percent of all respondents said they were unlikely to do business with an organization that suffered a data breach in which sensitive information was compromised.” Newly published survey research is further highlighting the need for companies to protect consumer data. Conducted by Vanson Bourne on behalf of Gemalto, the study polled 10,500 consumers on…
“…2019 could be a year in which major hack attacks demonstrate which biometric security systems are truly effective and which are outdated, if Experian’s prediction is proven right.” Experian’s sixth annual Data Breach Industry Forecast finds biometrics in the crosshairs. Assessing the five major security threats expected for 2019, the report predicts that hackers will…
New statistics on data breaches from Australian officials suggest that “this problem isn’t going away any time soon,” suggests Gemalto. As the company’s latest blog post explains, the Office of the Australian Information Commissioner implemented its Notifiable Data Breaches scheme in late February, introducing new requirements compelling organizations to notify individuals of data breaches that…
“Ping Identity has published its findings alongside its offering of additional security tools to customers of its PingID multi-factor authentication platform for the enterprise, each of whom can now receive a pair of YubiKey 5 Series security keys, empowering them with another, FIDO2-compliant means of securing sensitive information on their devices.” New survey data from…
People don’t like having their identities stolen. That’s the key takeaway from new research from the University of Texas at Austin Center for Identity. The academic institution’s newly published “2018 Identity Theft Assessment and Prediction Report” highlights the emotional impact of identity theft, fraud, and online abuse, and the findings are perhaps predictable. According to…
Administrators of the Timehop social media app may be wishing they could go back in time themselves to stop a July 4th hack attack that has affected some 21 million users. The attack was carried out through Timehop’s cloud computing account, with the perpetrator having acquired an administrator’s credentials and then used them to create…
“Sixty-eight percent of the IT professionals surveyed said they believed that unauthorized users could access their corporate networks, and almost a third – 27 percent – said their perimeter security had suffered a breach in the past year.” Businesses are addicted to consumer data, collecting so much of it that they don’t know what to…
